Figure Robotics Secures a $9M Equity Investment from Intel Capital

by | Jul 17, 2023 | General News

Figure Robotics announced today via Twitter they have secured a $9M equity investment from Intel Capital.

This investment occurred shortly after their Figure 01 robot took its first steps in May. The funding is slated to accelerate the development of Figure 01 robot , build out the AI pipeline, and continue to drive toward commercialization.

by: Bill Parson

by: Bill Parson

Bill is an accomplished editor with a passion for robotics and emerging technologies. With a keen eye for detail and a knack for concise communication, he plays a pivotal role in developing and publishing content for SimplyBots. His deep interest in the field of robotics stems from his fascination with the potential of intelligent machines to transform various aspects of our lives.
The Benefits and Risks of Socializing with Robots

The Benefits and Risks of Socializing with Robots

Social robots, which refer to robots engaging with humans by demonstrating social behaviors and adhering to norms, have experienced a surge in popularity as reported in a research paper by IScience. The landscape has witnessed a rapid increase in research prototypes and commercial devices.

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